Cavendish
Cavendish is a UK full-service investment bank providing equity capital markets, M&A advisory, debt advisory, and private growth capital services to ambitious public and private companies, with offices in London, Edinburgh, Manchester, and Birmingham.
- Company typePrivate
- Founded2007
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Cavendish does
Cavendish Financial PLC is a UK-based full-service investment bank headquartered in London at 1 Bartholomew Close, with additional regional offices in Edinburgh, Manchester, and Birmingham. Founded in 2007 and operating with a team in the 51-100 range, the firm delivers eight integrated service lines: growth equity (private growth capital), M&A buy-side advisory, M&A sell-side advisory, sponsor/NOMAD and corporate broking, IPO advisory, investment company services, debt advisory, and PLC strategic advisory. Its core technology is a human-capital-intensive advisory platform organised around specialist sector teams rather than proprietary software or technology products; there are no disclosed APIs, SDKs, or AI components.
The firm's go-to-market is direct enterprise field sales targeting ambitious UK public and private companies, with sector-specialist teams originating deals regionally and serving clients through retained NOMAD, broker, and bookrunner mandates. Revenue is generated primarily through transaction-based advisory fees on M&A, capital raises, and debt placements, supplemented by recurring NOMAD and corporate broking retainers that grew to 35% of total revenue (up from 31% prior year). For the year ending 31 March 2026, Cavendish reported revenue of £56.8m (£56.9m per one source) and pre-tax profit of £1.4m, with 170 net quoted clients representing 11% market share, a debt-free balance sheet, and a marginal 2.2% year-over-year revenue increase. Named clients span healthcare, property, financial services, telecoms, oil and gas, infrastructure, and property technology, indicating a diversified mid-market client base with no visible single-customer concentration.
Cavendish firmographics
Firmographics- Name
- Cavendish
- Legal name
- Cavendish Financial PLC
- Website
- https://finncap.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cavendish is a UK full-service investment bank providing equity capital markets, M&A advisory, debt advisory, and private growth capital services to ambitious public and private companies, with offices in London, Edinburgh, Manchester, and Birmingham.
- Ownership category
- akta.pro rank
Cavendish industry classification
Industry- Product category
- Investment Banking Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Corporate Finance & Capital Advisory (BPAHADAB)
- akta.pro secondary industries
- M&A Advisory (Buy-side/Sell-side) (BPAHADAC), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)
Keywords
Where Cavendish is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Cavendish business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Investment Banking Advisory Fees: Revenue from advisory fees on M&A transactions, capital raises, and corporate finance mandates. Reported marginal 2.2% revenue growth to £56.9 million.
- Corporate Broking and Nomad Services: Fees from acting as nominated advisor and joint broker for AIM-listed companies including Fintel, Palace Capital, and others.
- Equity Capital Markets: Revenue from IPOs, fundraisings, and equity placements. Growing recurring revenues to 35% of total revenue from 31% previously.
- Bookrunner Services: Acting as sole bookrunner or joint bookrunner for placing and retail offers, such as Maintel Holdings £5.5m fundraising.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Full-service investment bank |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Cavendish product offering
Product offeringCore offering
Cavendish is a full-service UK investment bank delivering equity capital markets, M&A advisory (buy-side and sell-side), debt advisory, IPO services, and private growth capital to public and private companies. The firm also provides nominated advisor (NOMAD) and corporate broking services to AIM-listed companies. Services are delivered by specialist sector teams through offices in London, Edinburgh, Manchester, and Birmingham.
Product overview
Cavendish is a full-service investment bank providing advisory services to ambitious public and private companies. The firm operates as a single integrated offering rather than a modular platform, delivering services across equity capital markets, M&A (buy-side and sell-side), debt advisory, and private growth capital. The core portfolio consists of eight distinct service lines: Growth Equity/Private Growth Capital, M&A Buy-Side Advisory, M&A Sell-Side Advisory, Sponsor/Nomad & Corporate Broking, IPO Services, Investment Companies, Debt Advisory, and PLC Strategic Advisory. These services are delivered through regional offices in London, Birmingham, Manchester, and Edinburgh, with a team of sector specialists.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity (Private Growth Capital) Capital raising services for private companies seeking growth funding, connecting businesses with institutional investors and private capital sources.
- M&A Buy-Side Advisory Acquisition advisory services helping companies identify, evaluate, and execute acquisition strategies to realize growth objectives.
- M&A Sell-Side Advisory Divestiture advisory services helping business owners maximize value when selling their company, including running competitive tender processes.
- Sponsor, Nomad & Corporate Broking Corporate broking services providing regulatory guidance, market intelligence, and investor relations support for listed companies.
- IPO Services Initial public offering advisory services guiding companies through the process of listing on public markets, including AIM and main market.
- Investment Companies Advisory services for investment companies seeking to launch new funds, launch new share issues, or pursue merger and acquisition activity.
- Debt Advisory Debt financing advisory services helping companies secure leverage without constraining their business operations.
- PLC Strategic Advisory Strategic advisory services for public companies to turn their corporate strategy into actionable transactions.
Quantifiable outcome
- Revenue growth to £56.8m with pre-tax profits of £1.4m
- +4 more outcomes
Companies that use Cavendish
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Cavendish technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cavendish partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Shore CapitalcoreJoint bookrunners with Cavendish Capital Markets for RentGuarantor Holdings £1m share placing at 29 pence per share
- Shore CapitalcoreJoint bookrunners for Maintel Holdings £5.5m aggregate fundraising
- OberonminorCo-lead agents with Cavendish for GENinCode £3.9m placing and subscription
- Turner PopeminorCo-lead agents with Cavendish for GENinCode £3.9m placing and subscription
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Cavendish competitors and assessment
Company assessmentBroad incumbents
- Investec: International banking and wealth group with a UK Investment Banking division providing advisory, equity capital markets and corporate broking services. Overlaps with Cavendish in UK mid-market advisory but operates a much broader product portfolio.
- Rothschild & Co: Global advisory firm with a deep UK mid-market M&A practice. Competes for advisory mandates on UK private company sales, IPOs and strategic transactions, though typically on larger deals than Cavendish's lower mid-market focus.
- Houlihan Lokey: Global investment bank with a strong UK mid-market M&A franchise. Directly competes with Cavendish on lower mid-market M&A sell-side and buy-side mandates but brings far greater sector breadth and global buyer reach.
- Canaccord Genuity: Global mid-market investment bank with a substantial UK presence offering M&A, ECM and corporate broking. Competes with Cavendish on UK mid-market M&A and growth equity mandates but as part of a much larger global platform.
Direct peers
- Cenkos Securities: UK specialist corporate broking and advisory firm focused on small and mid-cap companies, including NOMAD services. Highly comparable on client profile (AIM companies, entrepreneurial management teams) and product mix.
- Panmure Gordon: UK-focused mid-market investment bank offering corporate broking, M&A advisory and equity capital markets services to AIM and Main Market companies. Directly competes with Cavendish across its core NOMAD, ECM and M&A service lines in the UK lower mid-market.
- Zeus Capital: UK-focused investment bank providing corporate broking, NOMAD, equity research and capital markets services to small and mid-cap companies. Direct competitor for AIM NOMAD mandates and primary placings, often co-acting with Cavendish on transactions.
- Liberum: Independent UK investment bank specialising in research-led corporate broking, M&A and equity capital markets for growth companies. Directly comparable on services, client profile (AIM/mid-market) and relationship-driven GTM approach.
- Shore Capital: UK stockbroking and corporate advisory group providing corporate broking, NOMAD services and equity capital markets to growth companies. Frequently appears as joint bookrunner alongside Cavendish on placings such as Maintel and RentGuarantor.
- Peel Hunt: UK mid-market investment bank providing research, sales and trading, corporate broking and M&A advisory. Comparable in size and target market to Cavendish, particularly in AIM-listed corporate broking and equity capital markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Cavendish social profiles
Digital presenceCavendish financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cavendish leadership team
Management profileNumber of profiles
Profiles2 records
Cavendish funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cavendish M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cavendish
What does Cavendish do?
Cavendish is a full-service UK investment bank delivering equity capital markets, M&A advisory (buy-side and sell-side), debt advisory, IPO services, and private growth capital to public and private companies. The firm also provides nominated advisor (NOMAD) and corporate broking services to AIM-listed companies. Services are delivered by specialist sector teams through offices in London, Edinburgh, Manchester, and Birmingham.
Is Cavendish a public or private company?
Cavendish is a private company. It is classified as unknown and is currently operating.
When was Cavendish founded?
Cavendish was founded in 2007. It employs 101 to 250 people.
Where is Cavendish based?
Cavendish is headquartered in London, United Kingdom, in the Europe region.
How does Cavendish make money?
Four revenue lines are on record. Investment Banking Advisory Fees are the primary driver. The others are corporate Broking and Nomad Services, equity Capital Markets and bookrunner Services.
Who are Cavendish's main competitors?
Broad incumbents on record are Investec, Rothschild & Co, Houlihan Lokey and Canaccord Genuity. Direct peers are Cenkos Securities, Panmure Gordon, Zeus Capital, Liberum, Shore Capital and Peel Hunt.
Does Cavendish have an API?
No public API is recorded for Cavendish.
What industry is Cavendish in?
Cavendish's product category is Investment Banking Services. Its primary akta.pro industry code is BPAHADAB, Corporate Finance & Capital Advisory, with a secondary code of BPAHADAC, M&A Advisory (Buy-side/Sell-side). Its NAICS code is 523940 and its SIC code is 6282.